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North Korea hackers blamed for $290M crypto theft
Over the weekend, hackers stole more than $290 million in cryptocurrency from Kelp DAO, a protocol that allows users to earn yields on idle crypto investments. By Monday, LayerZero, one of the projects affected by the hack, accused North Korea of carrying out the heist. The hack is now the largest crypto theft of the year so far, following an earlier hack at crypto exchange Drift in April netted hackers around $285 million.
CBI arrests two RCOM senior executives in bank fraud case
The agency had registered a case following a complaint by SBI, accusing RCOM, its promoter Anil Ambani, and others of fraudulent diversion of loan funds.
QVC Lost the Home Shoppers to Social Media Influencers
The cable-TV seller faces bankruptcy as TikTok Shop and other video platforms take over.
Starmer accused of scapegoating officials over Mandelson scandal
UK prime minister fends off calls to quit in chastening House of Commons debate
HORMUZ TRACKER: Traffic Slows to Trickle as Opening Hopes Dashed
The Strait of Hormuz now appears to be just as closed as before Iran and the US said the vital oil channel had been reopened.
Baltic Consults on Benchmark Tanker Route as War Upends Rates
The Baltic Exchange in London is consulting the shipping market about making changes to its benchmark tanker rate after the Iran war closed the Strait of Hormuz, rendering part of the normal trade route inaccessible.
Trump’s social media posts have transformed the oil trade, says Citadel
Hedge fund’s commodities head says traders are struggling to adjust to volatility sparked by president’s frequent messages
Bloomberg Surveillance 4/20/2026
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Civilian fuel supplies to European airports via NATO pipeline reduced — Bloomberg
The increased use of the pipeline comes at a time when European airlines and airports are already facing serious fuel supply challenges due to the conflict with Iran
Honeywell to Sell Productivity Business in $1.4 Billion Deal
Bloomberg's Liana Baker breaks down Honeywell's deal to divest its productivity solutions and services business to industrial manufacturer Brady Corp. Brady will pay $1.4 billion in cash for the business, according to a statement Monday that confirmed an earlier report by Bloomberg News. (Source: Bloomberg)
FAA orders investigation into Blue Origin’s New Glenn mishap
The Federal Aviation Administration has instructed Blue Origin to perform an investigation into the apparent failure of the upper stage of its New Glenn rocket on Sunday, according to the Orlando Sentinel. That means the company won’t be able to fly New Glenn again until it completes the probe. That could put a damper on Blue Origin’s ambitions to launch as many as 12 more New Glenn missions this year, depending on how long the investigation lasts. The company has not issued a statem...
Most Moroccan Families Still Unable to Save Money in 2026
Rabat – Morocco’s High Commission for Planning (HCP) has reported a slight improvement in household confidence during the first quarter of 2026, but many families continue to face financial pressure, especially when it comes to saving money. According to the HCP’s latest survey, the Household Confidence Index (HCI) rose to 64.4 points, up from 57.6 in the previous quarter and 46.6 a year earlier. This shows that households feel somewhat more optimistic about their situation, even if challe...
Reserve bank of India partially rolls back curbs on rupee derivative deals
Pakistan bank deposits hit historic high in March 2026
BusinessMust ReadPakistan bank deposits hit historic high in March 2026By Web Desk-Apr 20, 2026 KARACHI: In a significant milestone for the country’s financial sector, bank deposits in Pakistan have surged to a new record high, reaching Rs 37,505 billion as of March 2026, ARY News reported. According to the latest data released by the State Bank of Pakistan (SBP), the banking sector witnessed a monthly growth of 2.50 percent and a substantial annual increase of 18.60 percent. The central bank’s...
How Middle East war could impact India’s trade and macro stability
NITI Aayog's report highlights the Middle East conflict's potential impact on India's trade and economy, risking the current account deficit and exchange rate. Instability also slows India-GCC FTA talks, hindering market access. Despite global uncertainty, merchandise trade remains steady, with services showing strong performance.
Cannabis CEO Calls for Reform
Ben Kovler, the Green Thumb Industries Founder and CEO joins Bloomberg Open Interest to break down why federal rescheduling of cannabis could transform the $30B industry overnight. From blocked access to capital markets to booming consumer demand, he explains how outdated regulations are slowing growth, and why change could unlock massive opportunity, especially for research and veterans. (Source: Bloomberg)
New York $3mn literature trove returned to Whitney heirs 40 years after theft
Rare books collection, including work by John Keats and Oscar Wilde, will be auctioned
Braskem Majority Stake Sale by Novonor Advances With Signed Deal
The sale of a controlling stake in Brazilian petrochemicals producer Braskem SA moved forward another step after troubled conglomerate Novonor signed an agreement to sell its shares to a fund backed by asset manager IG4 Capital.
DOJ Steps Up Scrutiny of Agriculture Markets Amid Rising Prices
As millions of Americans face an affordability crisis, the Justice Department is homing in on the agriculture industry, focusing on the rising costs faced by farmers and ranchers and soaring prices of key grocery staples like beef and eggs.
Bank of Canada Surveys Show War Hitting Inflation Expectations
The war in Iran is pushing up inflation expectations, after sentiment had been improving prior to the conflict, survey data released Monday by the Bank of Canada shows.